date:Mar 31, 2014
he taxs impact on earnings, Mexico City-based Coca-Cola Femsa is cutting jobs, investing less in the country and using more returnable bottles, which will cut costs in the long term, Chief Financial Officer Hector Trevino told analysts and investors last month. While its reducing price gaps with competitors in sizes such as two-liter bottles, the company may raise prices again later this year, he said.
Arca Continental is targeting 500 million pesos in 2014 savings from packaging, production, d